The 21st Century Explosion in Global Wealth
By David Henderson
“Measured in current US dollars, total global wealth rose from USD 117 trillion in 2000 to 317 trillion in mid-2018, a rise of USD 200 trillion, equivalent to roughly 2.5 times global GDP.”
This is Timothy Taylor, aka The Conversable Economist, quoting a Credit Suisse Research Institute report titled Global Wealth Report 2018.
That is awesome!
Tim does a really nice job of highlight the most important parts of Credit Suisse’s long report.